BCG Platinion Broadens North American Business With Expanded Presence in Canada

Technology and Risk Services Execution Arm of The Boston Consulting Group (BCG) Hires Fabrice Lebegue to Lead Its Canadian Platinion Business

TORONTO, ON--(Marketwired - Jun 21, 2016) - BCG Platinion, a subsidiary of The Boston Consulting Group (BCG) that provides technology architecture, implementation, digital, and risk services, has broadened its presence in North America by expanding in Canada and hiring a dedicated executive to run the Canada operation, Philip Panaro, the CEO of BCG Platinion in North America, announced today.

"Thanks to the rapid growth and success of BCG Platinion, we are formally expanding our geographic footprint in North America," said Panaro, who is based in New York and has more than 25 years of experience facilitating large-scale business transformations in the financial services industry. "Canada is a critical market for future growth in the execution services we provide for technology, digital, and risk, and we are excited to grow our presence there."

To lead the Canada business, the company has hired Fabrice Lebegue, a veteran professional services executive, as a managing director. Based locally in Canada, he will serve on the executive team of BCG Platinion North America and will lead its Digital Transformation practice.

"We are thrilled to have Fabrice joining us in this important leadership role. Having a permanent Canadian presence will enable us to better serve our existing clients and become better known to prospects throughout Canada," said Panaro.

"BCG Platinion is an integral part of BCG's value proposition, expanding the firm's fast-growing Technology Advantage practice with deep technical and execution know-how," said Cliff Grevler, a Toronto-based senior partner who leads BCG Canada across its Toronto, Montreal, and Calgary offices. "We look forward to working together to bring BCG Platinion's capabilities to our Canadian clients."

Lebegue comes to BCG Platinion with 20 years of experience in the technology field. Most recently, he was a corporate vice president for technology at Cogeco. Before that, he worked more than eight years at BCG as a consultant, rising to become a Director in the firm's global Technology practice and Chief Technology Officer at BCG Platinion North America. In both roles, he led many strategy and technology implementation projects serving large corporations worldwide, especially in the financial services, high-tech, and telecom industries.

Earlier in his career, he worked as a strategy and technology consultant at various firms. He holds a bachelor's degree in engineering (in mathematics, software, and systems) from the French engineering school ENSEEIHT in Toulouse and a master's degree in digital communications from the École Polytechnique at the University of Montreal.

"I'm delighted to be returning to BCG Platinion to help extend our North American reach and build the business, which is growing rapidly," said Lebegue. "We see a lot of potential to extend BCG's capabilities across the Canadian market."

Platinion was founded by BCG in 2000 in Germany to add technical depth to the firm's IT consulting capabilities. A North American subsidiary based in New York was established in 2014. Its services include:

Project management and technology implementation management

Technology, solutions architecture, and IT modernization

Agile transformation enablement

Digital transformation enablement

M&A and postmerger integration

Blockchain advisory support

Risk management and compliance services in financial institutions

BCG Platinion North America is one of the fastest-growing groups within the firm and has more than doubled its revenues in the past year.

To request an interview with a BCG Platinion expert, please contact David Fondiller at +1 212 446 3257 or Fondiller.David@bcg.com.

About BCG PlatinionBCG Platinion, a company of The Boston Consulting Group, consists of architects of IT solutions, implementation, and risk management that help achieve the right path forward for companies with complexity who seek to deliver results. We connect with and extend BCG's capabilities into implementation for IT, digital, cybersecurity, and risk. We help drive projects through speedy implementation at a lower cost with swiftness and executional certainty. BCG Platinion in North America is based in New York. For more information, please visit bcgplatinion.com.

About The Boston Consulting GroupThe Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 85 offices in 48 countries. For more information, please visit bcg.com.